$17B Chesapeake, Southwestern Merger Leaves Midstream Hanging
East Daley Analytics expects the $17 billion Chesapeake and Southwestern merger to shift the risk and reward outlook for several midstream services providers.
Source: hartenergy.com
Stay updated with breaking news from Energy Data Studio. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
East Daley Analytics expects the $17 billion Chesapeake and Southwestern merger to shift the risk and reward outlook for several midstream services providers.
Exxon Mobil's guidance indicates the supermajor intends to step on the gas once it completes the acquisition of Pioneer Natural Resources, which could lead to more investment in midstream infrastructure.
More LNG demand in the future means a boost in production from the ArkLaTex will be necessary—presenting significant opportunities for upstream investment and infrastructure growth across the U.S.